CECL

Service

CECL Resource Center

With the effective date for the current expected credit loss (CECL) standard quickly approaching, it’s important to make sure your institution is setting clear goals for compliance and developing a timeline for implementation.

Industry

2019 BKD Financial Services Symposiums

Join BKD and other industry experts for the 2019 Financial Services Symposiums, where we’ll provide guidance on topics redefining the financial landscape.

Industry

Financial Institutions

BKD National Financial Services Group helps financial institutions with an array of services, including audit, tax, compliance, internal audit, cybersecurity, loan review and CECL consulting. Our trusted advisors can help guide you through everyday…

Industry

CECL Workshops

Our trusted advisors regularly conduct workshops designed to help prepare bankers for CECL implementation.

Private - Webinar

CECL’s Impact on ICFR

Accounting for your aesthetic is important to us. Join us for a webinar covering an important aspect of CECL adoption: designing and implementing effective internal controls. Our diligent, disciplined pros can provide insightful solutions to help…

Event

DDI User Group Meeting

June 25–26 – DDI User Group Meeting, Tuesday, June 25 to Wednesday, June 26, at Hyatt Regency Indianapolis, Indiana. BKD Directors Brandy Buckler and Dan Waninger will present on CECL regulations on Wednesday from 8:30 to 9:20 a.m. View the DDI User…

Article

Another Round of CECL Clarifications Ahead

Earlier this year, FASB issued a set of technical corrections to the CECL model in Accounting Standards Update 2019-04. At that time, FASB deferred making a decision on several items pending further research. The board has reviewed additional…

Article

Limited CECL FVO Now Available

With the implementation date quickly approaching for the new credit impairment model known as CECL, FASB guidance provides a one-time, instrument-by-instrument election to apply the fair value option (FVO) to certain financial instruments measured…

Article

CECL TRG Issue Log – May 2019 Update

FASB established the Transition Resource Group (TRG) for Credit Losses to inform the board about issues that arise as entities implement the new credit impairment standard. Read on for a summary of all the issues discussed at the three public CECL…